FX:EURAUD   Euro / Australian Dollar
Hello traders, today we are looking at EURAUD .

This current trade is live now as we have had a break in the structure and 2hr EMA. This is a clear indication of a reversal as we have had a break in the structure and a break of the EMA which has been respected for the past few weeks, indicating reversal.
This trade has a Take profit of 220 pips, with a Stop loss of 40 pips giving us a Risk:Reward ratio of 5.5! Which is a insane ratio.

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